Watchstone responds to Slater and Gordon serving High Court proceedings for up to £637m

Slater and Gordon have served Watchstone(previously Quindell) with High Court proceedings seeking damages of up to the equivalent of £637m, the amount it spent on acquiring Quindell's legal division plus interest, in damages.
As previously detailed, Watchstone said it will defend such claims robustly.
Watchstone will make further announcements in due course, as appropriate.